Advantages of an Informal Arrangement. (DMP)

• You only pay what you can afford based on the common financial statement (CFS).
• You will no longer need to deal with your creditors alone as we will be acting on your behalf in most dealings with them.
• We will ask your creditors to freeze interest and charges, as this stops the debt increasing.
• You will pay only one monthly payment to Debt Free Me who will pay your creditors on a pro-rota basis.
• You will receive a monthly statement showing the payments sent.
• You will remain in control of your assets i.e., property.
• This will enable you to pay the debt back at what you can afford at present rather than your contractual agreement.